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National Bank May Introduce Limits For Fluctuations Of Banks' Exchange Rates Of Buying And Selling Cash Currency (19:40, Tuesday, October 7, 2008)

The National Bank of Ukraine may introduce limits for fluctuations of banks' exchange rates of buying and selling cash currency.

Head of the National Bank Council Petro Poroshenko has told this reporters.

"I do not rule out that the NBU may take these measures for profiteers not to sway the market," he said.

Poroshenko marked that currently there are no external grounds for sharp changes in the hryvnia exchange rate.

He also recommends not to buy dollars at the overstated rate.

As Ukrainian News earlier reported, Poroshenko said it is possible that the NBU will make interventions on the interbank currency market to stabilize the hryvnia exchange rate.



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